This week marks the culmination of the first chapter of 2024 for equity markets, highlighted by mixed responses to earnings reports, with Canadian banks showing varied results, and companies like NVIDIA experiencing a significant rally. Equity markets showed a general leveling off after initial gains, reflecting a cautious investor sentiment amidst high valuations. The spotlight on GE Healthcare’s unexpected rise and the volatility in cryptocurrency underscores a market trend towards speculation. This week’s Equity Leaders Weekly examines treasury yields, upcoming central bank meetings, and what the NASDAQ is telling us about risk appetite.
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